The completion of Garbe Green Park Piešťany in Slovakia is close as Garbe has secured a third loan for the finalisation. The loan from Oberbank is in the volume of €14.6 million.

Justyna Kędzierska-Klukowska, Head of the Warsaw office at Berlin Hyp AG, talked to Property Forum about the current availability of financing and the conditions of the Polish real estate investment market.

7R has obtained a development loan for the 7R City Flex Katowice I project. The financing of €15.5 million was provided by mBank.

pbb Deutsche Pfandbriefbank has provided a €120 million investment loan facility to a logistics fund managed by GLP Capital Partners (GCP). The fund will utilise the proceeds for the refinancing of the development of a logistics portfolio in the Czech Republic, Poland and Hungary. pbb acted as arranger and sole lender under the facility.

Globalworth has been granted significant funding in the form of a €145 million bank loan for three flagship properties in Warsaw.

As elsewhere, the investment market in Poland is struggling with high interest rates and financing costs. Some asset classes though, such as flats for rent and warehouses, remain a desirable commodity among investors - this is how the panel discussion focusing on investment and financing trends at Future of Real Estate 2023 can be summarised. The event was organised by Property Forum and RICS in Warsaw this week.

On the financing side, there is still demand for lending towards logistics. Maarten Otte, Head of Investor Relations at CTP, talked to Property Forum at Expo Real about financing conditions and the developer’s ambitious plans for the future.

Inflation across Europe is cooling down but interest rates are still at historical highs. Leading bankers and investment experts discussed at last month's CEE Property Forum 2023 in Vienna how their financing strategies were adapting.

Yareal Polska has announced the successful closing of a €45 million investment loan, with a term of 5 years, from pbb Deutsche Pfandbriefbank. The company plans to use it, among others, to refinance the LIXA C office building and for new land acquisitions.

CTP has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio.